Once a company has been rated, we continuously review and update the company’s ESG scores and rating. ESGRisk.ai discontinues the rating in case of specific corporate events like merger, acquisition or dissolution, de-listing. Subscribers are informed about such discontinuation.
ESGRisk.ai has adopted a ‘subscriber-pays’ model allowing regulators, investors, companies and universities to get access to our ESG rating reports. The extensive use of technology allows a by and large automated analysis of the publicly available data and rating, which is overseen by our analysts. To ensure objectivity, the analysts’ compensation is not linked to rating outcome, neither are analysts allowed to rate companies where a conflict of interest is present. Moreover, before a company’s rating is published, the rating is shared for feedback with the company and stakeholders. A careful adoption of business model, internal firewalls, compensations and other policies, transparent disclosure of methodology and taxonomy, and allowing companies to review data used for assessments and provide their feedback on data, ensures that the ratings are unbiased.
ESGRisk.ai believes a large number of stakeholders are interested in identifying responsible and sustainable businesses (leaders and laggards) across industries. ESG rating has been accepted by the investor community as a very effective tool to identify companies aligned with their investment interests. Regulators, financial institutions, think tanks, etc. want to better understand and monitor companies and industries’ ESG performance and impact on sustainable development. Companies want to compare their performance with competitors. Across the world; environmental, social and governance related compliances are increasingly regulating the business sector and many countries have started mandatory reporting of ESG aspects. Subscribers are looking for a reliable and comprehensive assessments that provides a unbiased and predictive models, which helps them identify companies exposure and performance related to climate risk, social inequality and ethics in business. ESGRisk.ai provides subscribers the opportunity to access all companies that we have rated, a continuously growing database.
ESGRisk.ai uses the National Industry Classification (NIC code).
Effective April 2021, ESGRisk.ai will cover 500 (by market capitalisation) listed Indian companies. In case our clients request coverage of specific companies, we will consider these requests on a case to case basis.